A naukri.com initiative
Bitcoin News
Newsbtc
23h
89
Image Credit: Newsbtc
If History Repeats Dogecoin Has Potential For A Parabolic Rally – Details
- Dogecoin (DOGE) has faced significant volatility, with the price plunging 45% from its multi-year high of $0.48.
- Top analyst Ali Martinez has drawn attention to an intriguing comparison between Dogecoin's current price behavior and its performance in 2017, suggesting a potential parabolic rally.
- Dogecoin's historical patterns indicate that periods of sharp corrections have often preceded explosive rallies, giving hope for another meteoric rise.
- While the $0.31 level remains a critical barrier, a push above $0.36 could trigger renewed momentum and pave the way for further gains.
Read Full Article
5 Likes
Bitcoinsensus
23h
250
Image Credit: Bitcoinsensus
Microstrategy Buys Over Half a Billion in BTC at All-Time High
- Microstrategy, the publicly traded company, has purchased an additional 5,262 BTC for $561 million.
- Microstrategy's total Bitcoin holdings now exceed $41 billion.
- CEO Michael Saylor announced BTC yields of 47.4% quarter-to-date and over 73% year-to-date.
- Bitcoin has experienced an 11% decrease in value since Microstrategy's recent acquisition.
Read Full Article
15 Likes
Livebitcoinnews
1d
138
Image Credit: Livebitcoinnews
Ki Young Ju Proposes Bitcoin to Reduce U.S. Debt
- Ki Young Ju proposes using Bitcoin to reduce U.S. debt by acquiring 1 million BTC by 2050.
- Bitcoin's market capitalization has surged to $2 trillion over the past 15 years.
- However, it is not easy to apply Bitcoin to decrease the U.S. debt.
- Ki Young Ju predicts Bitcoin may surge to $135,000 during a strong bull market.
Read Full Article
8 Likes
Siliconangle
1d
157
Image Credit: Siliconangle
Avalon Labs raises $10M to grow its bitcoin-based stablecoin
- Avalon Labs has raised $10 million in a funding round to expand its bitcoin-based stablecoin.
- The stablecoin, USDa, is built on the bitcoin blockchain and maintains a value of $1 USD.
- The company aims to transform bitcoin into a liquid financial instrument.
- Avalon Labs also offers bitcoin-backed loans, savings accounts, and credit cards.
Read Full Article
9 Likes
Crypto-News-Flash
1d
142
Image Credit: Crypto-News-Flash
US Bitcoin Reserve Could Cut National Debt by 35% by 2049, Says VanEck
- Asset management firm VanEck suggests that the U.S. could reduce national debt by 35% through a Bitcoin reserve.
- VanEck predicts Bitcoin's value could reach $42.3 million per coin by 2049.
- Senator Lummis' bill proposes funding the reserve with seized Bitcoin, gold sales, and strategic financing without impacting taxpayers.
- Bitcoin's increasing adoption and global implications could drive its price trajectory and impact its use as a reserve asset.
Read Full Article
8 Likes
Crypto-News-Flash
1d
165
Image Credit: Crypto-News-Flash
Bitcoin Price Outlook: $20K Threatens BTC, 5 Things to Track This Week
- Bitcoin faces downward pressure with a possible drop to $80,000 as bearish signals and low liquidity raise concerns.
- Analysts see potential buying opportunities for long-term investors amid market recovery.
- Bitcoin's price is fluctuating near $100,000 with a potential drop towards old all-time highs of $74,000.
- Reduced trading volumes during the holiday season and historical data on drawdowns add to concerns about price volatility.
Read Full Article
9 Likes
Livebitcoinnews
1d
101
Image Credit: Livebitcoinnews
Beverly Hills Men Charged in $22M Crypto Scam
- Beverly Hills men Gabriel Hay and Gavin Mayo face charges for defrauding investors out of $22 million in crypto scam.
- Hay and Mayo conducted rugpulls, defrauding investors of cryptocurrency.
- They targeted innocent investors using false information and concealed their participation.
- The defendants face imprisonment and the case highlights the risks associated with investing in cryptocurrencies.
Read Full Article
6 Likes
Stackexchange
1d
18
Image Credit: Stackexchange
How to fix this error on Electrum personal server?
- The user is experiencing an error when setting up Electrum Personal Server (EPS) on their Mac OS.
- The EPS logs show that the server is starting successfully and displaying the first three addresses of the default_wallet.
- However, after a few seconds, an error occurs stating that only legacy wallets are supported by the command.
- The user has already tried creating new certificates but the issue persists.
Read Full Article
1 Like
Crypto-News-Flash
1d
337
Image Credit: Crypto-News-Flash
US Crypto Framework Could Include $81T Bitcoin Reserve, Says Saylor
- MicroStrategy co-founder Michael Saylor proposes a comprehensive crypto framework to increase the digital asset market’s valuation from $1 trillion to $590 trillion.
- Saylor suggests establishing a strategic Bitcoin reserve for the US, which could create $16 to $81 trillion in wealth for the US Treasury.
- The framework aims to strengthen the US dollar, neutralize the national debt, and position America as the global leader in the digital economy.
- Critics, including Peter Schiff, argue that the proposals would make America a laughing stock and exacerbate the national debt.
Read Full Article
20 Likes
Crypto-News-Flash
1d
67
Image Credit: Crypto-News-Flash
$4.1 Trillion Liquidity Crunch Could Push Bitcoin Below $20K
- The Federal Reserve’s hawkish stance and recent interest rate cuts have dampened speculative bets on Bitcoin, with options activity for January to March sowing rising puts at $75,000–$80,000.
- Financial expert Robert Kiyosaki warns of an imminent economic depression and highlights vulnerabilities in global economies.
- Market analysts predict a massive correction for Bitcoin due to the global liquidity crunch, potentially pushing the price below $20K.
- Bitcoin prices have followed the Global Money Supply (M2) with a 10-week lag, and with a recent decrease of $4.1 trillion in Global M2, further declines for Bitcoin are expected.
Read Full Article
4 Likes
Livebitcoinnews
1d
225
Image Credit: Livebitcoinnews
Binance CEO CZ Reveals UAE $40 Billion Bitcoin Holdings
- The United Arab Emirates (UAE) has reportedly reached $40 billion in Bitcoin holdings, positioning itself as a global leader in cryptocurrency adoption.
- The UAE's government and private sector have heavily invested in cryptocurrency, making the UAE a leader in the crypto space.
- Advancements in blockchain technology have attracted institutional investors, making the UAE an attractive destination for investments.
- The UAE's aim is to reduce dependence on oil through diversification, with crypto adoption leading to financial inclusivity and innovation.
Read Full Article
13 Likes
Newsbtc
1d
195
Image Credit: Newsbtc
Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter?
- A crypto analyst has shared a TD Sequential chart indicating a major buy signal for Bitcoin in the 4-hour timeframe.
- The buy signal suggests that Bitcoin's bearish momentum could be waning, making it a potential opportunity for market entry.
- The chart also predicts a market top above $168,500 based on the Mayer Multiple.
- Bitcoin's current price is $94,692, with a potential 78% increase needed for it to reach $168,500.
Read Full Article
11 Likes
Livebitcoinnews
1d
48
Image Credit: Livebitcoinnews
Coinbase Report Reveals Stablecoins to Drive Future of Global Payments
- Stablecoins are predicted to reach a market capitalization of $3 trillion by 2025, driving faster and cheaper global payments.
- Tokenization of real-world assets (RWA) is expected to increase, with tokenized assets growing by 60% to $13.5 billion in 2024.
- Cryptocurrency exchange-traded funds (ETFs) have transformed the market, attracting institutional participation and stabilizing the market.
- Decentralized finance (DeFi) sector is entering a new phase of innovation, with decentralized exchanges (DEXs) and lending protocols growing rapidly.
- The US is expected to introduce pro-crypto policies, leading to a comprehensive regulatory framework and increased participation in the crypto economy.
Read Full Article
2 Likes
Bitcoinsensus
1d
11
Mt. Gox Transfers $19 Billion in Bitcoin Amid Repayment Speculation
- Mt. Gox, the defunct cryptocurrency exchange, has moved over $19 billion worth of Bitcoin.
- Speculation arises as to whether the funds are related to customer repayment.
- Mt. Gox's repayment plan has been postponed to 2025.
- The exchange collapsed in 2014 after a security breach, leaving investors awaiting refunds.
Read Full Article
Like
Altcoinbuzz
1d
146
Interpol Targets Crypto Founder Richard Heart with Red Notice
- Interpol has issued a 'Red Notice' for Richard Heart, the founder of crypto project Hex.
- Heart is accused of tax fraud and involvement in an assault incident in Finland.
- He is also facing a legal dispute with the US SEC for raising over $1 billion through unregistered token sales.
- The crypto market reacted negatively to the Red Notice, with the $HEX token dropping by over 25%.
Read Full Article
8 Likes
For uninterrupted reading, download the app